Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster−0.121%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.121% cheaper against Aster than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster INITUSDT | 0.08273 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $27K | $37K | 5x |
| Short | Bybit INITUSDT | 0.08263 | 0.0100 | get 0.0050% / 4h | 2h 54m | $1.4M | $1.5M | 25x |
Aster INITUSDT
Bybit INITUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.121% → 0.000%
- −$12.11
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$31.11
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 5.45 bp | 60.2 bp −$60 | 216.9 bp −$2,169 | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
INIT on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_INITUSD | +0.0034% | 1h | 0.08263 | −0.126% | $5K | $17K | 10x | as long as short |
| BloFin INIT-USDT | +0.0044% | 4h | 0.08265 | −0.097% | $154K | $112K | 25x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08274 | +0.012% | $300K | $232K | 3x | as long as short |
| Aster INITUSDTlong | +0.0100% | 4h | 0.08273 | long leg | $27K | $37K | 5x | |
| Binance INITUSDT | +0.0100% | 4h | 0.08275 | +0.019% | $3.4M | $3.7M | 25x | as long as short |
| Bybit INITUSDTshort | +0.0100% | 4h | 0.08263 | −0.121% | $1.4M | $1.5M | 25x | |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08269 | −0.049% | $136K | $646K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08271 | −0.024% | $84K | $55K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08271 | −0.024% | $449K | $210K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08268 | −0.061% | $329K | $54K | 25x | as long as short |
Kraken Futures PF_INITUSD
BloFin INIT-USDT
Hyperliquid INIT
Binance INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INITUSDT | +0.0100% | 4h | 0.08272 | −0.012% | $430K | $303K | 25x | as long as short |
| BingX INIT-USDT | +0.0100% | 4h | 0.08262 | −0.133% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08251 | −0.264% | $26K | $23K | — | as long as short |
Bitget INITUSDT
BingX INIT-USDT
Variational Omni INIT